OXFORD, Conn., March 11, 2015 /PRNewswire/ - NXT-ID, Inc.
(NASDAQ: NXTD and NXTDW) ("NXT-ID" or the "Company"), a biometric
authentication company focused on the growing mobile commerce
market, releases a new Wocket smart wallet video featuring
David Tunnell, Chief Technology
Officer of NXT-ID. Set in the manufacturing facility in
Florida, David explains the
benefits and features of the Wocket, currently undergoing testing
and being shipped to consumers this spring.
As new competition enters the secure payment and mobile payment
technology market, David explains, "A big difference between Wocket
and other approaches, is that it stands alone, not dependent on any
other device or network where hackers frequently attack. Your
private data belongs to you and only you, and no one can access it
but you, with multi-factor authentication that proves you are who
you say you are."
Mr. Tunnell also goes on to say," One thing that makes our card
different is that you can lose it. Unlike other approaches, we make
our smart card purposefully blank by forcing it to erase itself
after a successful swipe, or after 5 minutes in case the card never
gets swiped. So you never need to worry about your card being
stolen."
He also tells consumers, "Wockets are being built here in
central Florida and we are on
schedule to deliver Wockets this spring as we complete our
testing. Our magnetic stripe and bar code works at every
point of sale system we have tested so far."
Video Link:
https://www.youtube.com/watch?v=onANaA2chSY&feature=youtu.be
Wocket is a smart wallet designed to protect your identity and
replace all the cards in your wallet, with no smart phone required.
The Wocket works anywhere credit cards are accepted and only works
with your biometric stamp of approval.
All your credit, debit, loyalty, gift, ID, membership,
insurance, tickets, medical information, passwords, coupons, and
virtually any other card can be protected on Wocket.
See the Wocket FAQ at www.wocketwallet.com.
About NXT- ID Inc. - Mobile Security
for a Mobile World: (NXTD) (NXTDW):
NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer
risks associated with mobile computing, m-commerce and smart
OS-enabled devices. The company is focused on the growing
m-commerce market, launching its innovative MobileBio® suite of
biometric solutions that secure consumers' mobile platforms led by
Wocket™; a next generation smart
wallet designed to replace all the cards in your wallet, no smart
phone required. Wocket was recognized as one of the top technology
products at CES 2015 by multiple media outlets including Wired.com.
The Wocket works anywhere credit cards are accepted and only works
with your biometric stamp of approval.
http://www.wocketwallet.com/
NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in
biometric identification and has 22 licensed patents in the field
of 3D facial recognition http://www.nxt-id.com/,
http://3d-id.net/
Forward-Looking Statements for NXT-ID: This press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements reflect management's current expectations, as of the
date of this press release, and involve certain risks and
uncertainties. Forward-looking statements include statements herein
with respect to the successful execution of the Company's business
strategy. The Company's actual results could differ materially from
those anticipated in these forward-looking statements as a result
of various factors. Such risks and uncertainties include, among
other things, our ability to establish and maintain the proprietary
nature of our technology through the patent process, as well as our
ability to possibly license from others patents and patent
applications necessary to develop products; the availability of
financing; the Company's ability to implement its long range
business plan for various applications of its technology; the
Company's ability to enter into agreements with any necessary
marketing and/or distribution partners; the impact of competition,
the obtaining and maintenance of any necessary regulatory
clearances applicable to applications of the Company's technology;
and management of growth and other risks and uncertainties that may
be detailed from time to time in the Company's reports filed with
the Securities and Exchange Commission.
NXT- ID Inc Contact:
Corporate info: info@nxt-id.com
Investors:
investors@nxt-id.com
Media:
D. Van Zant
800 665-0411
press@nxt-id.com
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SOURCE NXT-ID, Inc.